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Analysis of production systems, where the produced items lifetimes are stochastic and follow Cox-2 distribution

Vardakis Vasileios

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URI: http://purl.tuc.gr/dl/dias/01AB54BF-77E1-4769-A870-284FF63B9172
Year 2020
Type of Item Diploma Work
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Bibliographic Citation Vasileios Vardakis, "Analysis of production systems, where the produced items lifetimes are stochastic and follow Cox-2 distribution", Diploma Work, School of Production Engineering and Management, Technical University of Crete, Chania, Greece, 2020 https://doi.org/10.26233/heallink.tuc.86831
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Summary

It is proposed to study a production system whose products have a random lifetime. Customer arrivals follow the Poisson distribution, while production times are exponentially distributed and product lifetimes follow Cox-2 distribution. We assume that we know the phase of life in which each product is. We developed an accurate mathematical model for describing the system and estimating its various performance measures.We have also considered the case of a system with the same characteristics, but without knowing the life phase in which each product is. The aim is to compare the two systems.

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